EPOWNasdaqMiscellaneous Electrical Machinery, Equipment & SuppliesUS GAAP · USD

E-Power Inc.

E-Power Inc. is a Cayman Islands holding company with operations based in Zibo, Shandong Province, China, through a joint venture that manufactures graphite anode material for lithium-ion batteries. The business is organized around the production and sale of battery anode materials used in energy storage and electric-vehicle supply chains.

Liikevaihto46,4milj. USD
−28,6 %v/v
Liikevoitto (EBIT)−16,0milj. USD
+3,4 %v/v
EBIT-marginaali−34,5%
−9,0 %-yks.v/v
Nettotulos−16,6milj. USD
−41,3 %v/v
Vapaa kassavirta−31,6milj. USD
−303,6 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−40−20020406080milj. USD2020: 23 milj. USD2020: EBIT 15 milj. USD20202021: 7,4 milj. USD2021: EBIT −7,4 milj. USD20212022: 38 milj. USD2022: EBIT −19 milj. USD20222023: 45 milj. USD2023: EBIT −31 milj. USD20232024: 65 milj. USD2024: EBIT −17 milj. USD20242025: 46 milj. USD2025: EBIT −16 milj. USD202546−16
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Graphite anode material100 %

Battery-grade graphite anode material used in lithium-ion cells for mobility and storage applications.

Tuotteet

Raportoitu · osuus liikevaihdosta
99,7%FY2025100 %
  • Graphite Anode Business99,7 %
  • Knowledge Sharing and Enterprise Business0,2 %
  • Services0,2 %

Lähde: 20-F FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

The company sells into the lithium-ion battery supply chain, where customers use graphite anode material as a critical input for cell production. Buyers are typically battery manufacturers and other industrial customers that need consistent material quality, scale, and cost competitiveness. Demand is tied to electric vehicles, consumer electronics, and energy storage systems that rely on lithium-ion batteries.

Battery manufacturers

Buy graphite anode material for use in lithium-ion cell production.

Electric-vehicle supply chain

Uses anode material indirectly through battery makers serving EV demand.

Energy storage providers

Purchase battery inputs for stationary storage and grid applications.

Industrial battery customers

Buy materials for non-automotive lithium-ion applications.

Strategia

The core strategic focus is to scale low-cost graphite anode production for lithium-ion batteries using renewable electricity and a joint-venture manufacturing platform. Capacity build-out and cost position are central to the company’s ability to compete in battery materials markets where scale, consistency, and production economics matter. Maintaining market access and Nasdaq compliance also remains strategically important for capital formation.

Scale anode material capacityKeskipitkä aikaväli

Higher throughput is essential in a commodity-like battery materials market.

Preserve low-cost productionLyhyt aikaväli

Energy and manufacturing economics drive competitiveness in graphite anode materials.

Support capital market accessLyhyt aikaväli

Public listing status matters for financing growth and corporate flexibility.

Maantiede

E-Power is incorporated in the Cayman Islands, with principal executive offices in Zibo, Shandong Province, China, where its joint venture manufacturing operations are located. The business is operationally China-based, while its public-company structure is U.S.-listed through SEC reporting. This makes the company dependent on Chinese manufacturing, utilities, logistics, and industrial infrastructure.

Riskit

The business is exposed to customer demand tied to the battery and EV markets, where pricing, technology shifts, and supply-demand cycles can affect volumes. Because manufacturing is concentrated in China, the company also faces operating, regulatory, logistics, and energy-supply risks linked to that geography. Public-market compliance and capital access are additional risks for a small industrial issuer with a single-product focus.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →China operating concentration1Battery market cyclicality2Single-product concentration3Nasdaq listing compliance4
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. China operating concentrationVaikutus: KorkeaTodennäköisyys: Korkea

    Manufacturing and management are centered in Zibo, China, creating country-specific exposure.

    KohdistuuManufacturingLogisticsRegulation
  2. Battery market cyclicalityVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Demand for anode material depends on lithium-ion battery production and end markets such as EVs.

    Kohdistuu: Battery manufacturers and EV supply chain

  3. Single-product concentrationVaikutus: KeskitasoTodennäköisyys: Korkea

    Revenue appears dependent on graphite anode material rather than a diversified product mix.

    Kohdistuu: Product mix and pricing

  4. Nasdaq listing complianceVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Minimum bid price deficiency can affect continued exchange listing and investor access.

    Kohdistuu: Equity trading and financing

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition

Product sales require judgment on transfer of control and cut-off timing.

Vaikutus: Affects reported revenue and receivables

Joint venture accounting

The operating business is conducted through a joint venture, which affects consolidation and disclosures.

Vaikutus: Affects balance sheet presentation and earnings attribution

Long-lived asset impairment

Manufacturing capacity and plant economics depend on utilization and market demand.

Vaikutus: Could affect asset values and depreciation burden

Foreign currency translation

Chinese operating activities and U.S.-listed reporting create currency translation exposure.

Vaikutus: Affects comprehensive income and balance sheet translation

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 28.9.2026